It looks like wave (c) of B finished or going to do so.
Yellow (c) already hit the 200% distance of wave (a) in white B.
Wave B in its turn has hit the 61.8% of wave A.
All conditions point to imminent drop in price.
MACD shows bearish divergence - price is up as MACD is falling.
Target for the drop = $19.6 where the C=A.
Yellow (c) already hit the 200% distance of wave (a) in white B.
Wave B in its turn has hit the 61.8% of wave A.
All conditions point to imminent drop in price.
MACD shows bearish divergence - price is up as MACD is falling.
Target for the drop = $19.6 where the C=A.